WAEC Economics 2011 Objective — Question 6
Question 6 of 50 from the West African Examinations Council (WAEC) Economics 2011 Objective paper, with the correct answer and a full explanation.
Advertisement
Which of the following causes the demand curve to shift to the right?
- A. A. A reduction in the size of population
- B. B. An increase in the income of the buyerCorrect
- C. C. The availability of substitutes
- D. D. A decrease in price of the good
Explanation
An increase in consumer's income is capable of shifting the demand curve to the right. This is an increase in demand.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.